The Hartford’s sprawling suburban campus in Simsbury is on the market, six months after the insurer announced it would shutter the facility and move employees elsewhere.
The 133-acre complex at 200 Hopmeadow St., includes a four-story, 641,000-square-foot building. The property is being marketed without an asking price, according to John M. McCormick, executive vice president in the Hartford office of commercial real estate firm CBRE-NE. CBRE-NE is marketing the property with Cresa-Boston.
In February, The Hartford Financial Services Group Inc. — scaling back to focus on more profitable businesses — said it would close the Simsbury campus, one of its three main locations, over the next two years and relocate 1,500 employees to offices in Hartford and Windsor.
The Hartford has long been Simsbury’s largest taxpayer, and the town will work with the insurer to sell the property, McCormick said.
The Simsbury property was developed for The Hartford in 1984, but until 2010, the insurer didn’t own the building, just the land. In 2010, The Hartford purchased the building at 200 Hopmeadow St. for $46 million, town records show.
The number of The Hartford’s employees in Simsbury has declined, especially since it sold three business lines in the past year in a major restructuring.
If the property sells quickly, The Hartford has said it would accelerate the transfer of employees.